July 14, 2025 – Hai Phong successfully held a Press conference introducing the 2025 Investment Promotion Conference, a key event scheduled for tomorrow, July 15, as part of the third APEC Business Advisory Council (ABAC 3) Conference Week. With the theme “Hai Phong – A Strategic Destination for a New Era”, the conference is expected to bring together more than 1,000 domestic and international delegates, including investors, international organizations and ambassadors from major economies such as the United States, Germany, Japan, South Korea and Singapore. The press conference affirmed the strategic vision and rising position of the port city in its new development phase.
View of the press conference
Breakthrough policies: Creating a new launchpad for the port city
At the press conference, Le Trung Kien, Secretary of the Party Committee and Head of the Hai Phong Economic Zone Management Board, provided detailed information about the special policies to be officially announced at the conference. The city will introduce National Assembly Resolution No. 226/2025/QH15 on piloting special mechanisms and policies for Hai Phong’s development, comprising 6 policy groups and 41 breakthrough mechanisms. This important institutional foundation creates a favorable legal corridor for Hai Phong to become the leading economic growth pole in northern Vietnam.
The strategic highlight of the policies is the establishment of a Free Trade Zone. It will apply superior incentives such as visa exemptions, long-term residence cards for foreign experts, corporate income tax incentives and simplified investment and administrative procedures. The Free Trade Zone is expected to become a “magnet” for capital from high-tech groups, international financial organizations and global research and development (R&D) centers.
Le Trung Kien, Secretary of the Party Committee and Head of the Hai Phong Economic Zone Management Board, speaks and provides detailed information about the conference.
Expected investment commitments of USD 15.6 billion – Evidence of confidence
The 2025 Investment Promotion Conference is expected to be an important milestone, featuring the presentation of investment registration certificates for 32 projects and 7 memoranda of understanding (MOUs), with expected total registered investment capital of up to USD 15.6 billion. Representative projects include:
- Nearly USD 10 billion for infrastructure development in industrial parks such as Tan Trao, Thuy Nguyen, Tran Duong and Kim Thanh 2, and the Tien Lang Airport Project. These projects are intended to form high-tech industrial complexes and create tens of thousands of new jobs.
- Nearly USD 1 billion for the project to build berths 9–12 at Lach Huyen Deep-water Port, increasing customs clearance capacity and affirming Hai Phong’s position as an international logistics center.
- Nearly USD 5 billion in high-tech projects such as Shin-Etsu, automobile component manufacturing complexes, renewable energy, smart cities and green logistics services, clearly demonstrating a shift toward deeper and more sustainable investment.
Industrial ecosystem – The region’s strategic advantage
Hai Phong is gradually forming a comprehensive investment ecosystem, with close connections to localities such as Hai Duong, Quang Ninh and Vinh Phuc. The city currently has two major automobile manufacturing plants, an increasingly complete supporting-industry system and a widespread consumption network.
Key infrastructure routes such as the Kunming – Lao Cai – Hai Phong intermodal railway, the coastal expressway and interregional national highways, together with the expanded Cat Bi International Airport and Lach Huyen Port with 12 berths, are giving Hai Phong all the conditions needed to become a leading manufacturing and logistics center in Southeast Asia.
Effective public service and partnership with investors
At the press conference, city leaders emphasized their commitment to building a constructive, action-oriented government that provides effective service, with business satisfaction and sustainable development as the central criteria:
- Administrative reform & digital transformation: 100% of level 3 and 4 procedures related to investment, land, construction and other areas have been integrated into the online public-service portal, enabling businesses to complete them quickly and transparently.
- Special task force: Directly led by the Chairman of the People’s Committee, the “single-window coordination – rapid response” model has handled 92% of business recommendations within 15 days (as of the end of June 2025), demonstrating flexibility and effectiveness.
- Transparency – modernizing management tools: The city applies a GIS digital planning-map platform, public land auctions and an investment management platform, helping businesses track dossier progress in real time.
Through today’s press conference and the upcoming 2025 Investment Promotion Conference, Hai Phong has delivered and continues to deliver a strong and clear message to the international investor community. The city has demonstrated not only strategic vision and thorough preparation, but also a high level of political determination to create a transparent, convenient and sustainable business environment.
Hai Phong is confidently advancing and ready to become a “Strategic Destination for a New Era”, a place where high-quality investment capital, innovation and sustainable development converge, promising lasting prosperity for both investors and the city.